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RASMUSSEN v. A.C.T. ENVIRONMENTAL SERVICES, INC.

292 A.D.2d 710 (2002)

739 N.Y.S.2d 220

RICHARD RASMUSSEN, as Administrator of the Estate of MILDRED H. RASMUSSEN, Deceased, Appellant, v. A.C.T. ENVIRONMENTAL SERVICES, INC., et al., Defendants, and RICHARD C. BENDALL et al., Respondents. (And Two Third-Party Actions.)

Appellate Division of the Supreme Court of the State of New York, Third Department.

Decided March 14, 2002.

Carpinello, J.

In four different transactions between 1988 and 1992, Mildred H. Rasmussen (hereinafter decedent)* loaned defendant A.C.T. Environmental Services, Inc. a total of $390,000 at the suggestion of defendant Eslin Brace, her investment advisor. The principals of A.C.T. Environmental included defendant Richard C. Bendall, an attorney who had performed legal services for decedent in the past and who had been a family friend since...

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